Undergrad Business: IU (possibly) Kelley or University of Rochester

Hi,

I am currently very unsure what to do and would really appreciate any help from you guys.

First of all, what I would like to do after graduation is to work in IB in NYC. However, the way to get there and the best choices for that is what I'm struggling with finding and figuring out right now.

My dilemma is this: I am currently a rising sophomore undergraduate student (studying economics) at the University of Rochester in New York, but I am very unsure whether if this is a school that can and will get me to wall street. We don't have an undergraduate business school, so you get no help in getting internships and getting your name out there. However, at a business school, I imagine you would. Therefore, I applied for a transfer to a few schools at the start of this year. I got into Indiana University, but when you're applying as a transfer to IU you do not automatically get into the business school (Kelley). You would need to go there for at least one semester and get a 3.5 GPA to get in (I currently have a 3.7 GPA from Rochester, which I would assume is just as hard if not harder academically). In other words, not getting into Kelley is a risk I would have to take if I were to transfer. If I don't get in, I would have transferred from a school that is ranked 34 on USNews to IU which is approximately 90 (how much does this even count?). I would imagine the chances of going IB in NYC would then be slimmer, but I honestly have no clue. What do you guys think?

In short, do you think it would be a good choice to take the risk and transfer over to IU in hopes of getting into Kelley and thereafter have an easier time going IB NYC? Or do you think it's too much of a risk with not enough upsides? Would the University of Rochester even be worse than IU without Kelley? How much better would Kelley be than Rochester if I were to get in? It shall also be noted that I would have a lot less debt going out of college if I were to transfer ($30k).

I would really appreciate any kind of answers to this. I understand that most of this process is using the alumni network your school has and getting your name out there by yourself, but I would assume the process would be a lot easier with the right school by your side.

Thank you.

22 Comments

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”